WHAT WE DO
Incorporated in Singapore, Summit Power International (SPI) is a leading infrastructure developer and operator in South Asia. SPI comprises a group of businesses which focus on developing, owning and operating power generating assets. Our portfolio of infrastructure assets produce reliable energy for sale to governments and state utilities, in return providing long-term predictable revenue streams.
Having established Bangladesh’s first independent power plant in 1997, Summit Power International is the largest Independent Power Producer (IPP) in the country, reflecting 21% of Bangladesh’s total private installed capacity and 9% of Bangladesh's total installed capacity in 2017. With 17 power plants and total generating capacity exceeding 1,644 MW, Summit Power International is a renowned and trusted partner in sustainable energy generation for the future.
We identify portfolio-enhancing opportunities – both greenfield sites and existing power assets – which offer significant value to the power needs of the country and to our stakeholders. Under Power Purchase Agreements (PPA), we establish long-term, contractually backed concession agreements with governments and state utilities. In return, Summit Power International receives stable, risk-mitigated revenue streams based on contracted capacity payments.
Over two decades, we have developed substantial expertise in project development, including sponsorship, structuring and financing capabilities. Our team of highly experienced infrastructure specialists has worked in consortium with multinationals, financial institutions and government agencies to invest in projects across Bangladesh.
As front-runners in the use of advanced technologies, we partner with blue-chip technology manufacturers to ensure our projects are equipped with the latest and most efficient technologies. Summit Power International has a track record in working with world-leading engineering, procurement and construction (EPC), and original equipment manufacturers (OEM) services to construct and maintain projects, ensuring the highest standards of quality.